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Periodical article Periodical article
Title:Economic Performance in Post-Market Economies and Poverty Reduction: The Case of Tanzania
Author:Mwaigomole, E.A.ISNI
Year:2008
Periodical:Tanzania Journal of Development Studies (ISSN 0856-9622)
Volume:8
Issue:1
Pages:95-108
Language:English
Geographic term:Tanzania
Subjects:economic development
poverty reduction
liberalism
External link:https://doi.org/10.4314/tjds.v8i1.60419
Abstract:The post-structural adjustment strategies being emphasized by the IMF, the World Bank and donor countries in Africa are privatization and liberalization. In theory, both strategies are assumed to allow firms to operate efficiently and competitively. The thrust of the reforms are necessitated by the quest for improved economic growth, investment, efficiency and productivity. In Tanzania, the parastatal sector reform policy to improve economic performance was adopted in 1992 as a national policy. This paper reviews the economic performance and the poverty status in the country since the adoption of this market-oriented policy.
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